Roadrunner Transportation Systems (RRTS) Receiving Somewhat Positive Press Coverage, Study Finds

Media stories about Roadrunner Transportation Systems (NYSE:RRTS) have been trending somewhat positive on Saturday, according to Accern Sentiment. The research firm identifies negative and positive news coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Roadrunner Transportation Systems earned a media sentiment score of 0.09 on Accern’s scale. Accern also gave media stories about the transportation company an impact score of 44.7511511579413 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

RRTS has been the topic of several research analyst reports. BidaskClub raised Roadrunner Transportation Systems from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, October 25th. TheStreet lowered Roadrunner Transportation Systems from a “b-” rating to a “c+” rating in a research report on Thursday, November 16th. Finally, Robert W. Baird reissued a “hold” rating and set a $8.00 target price on shares of Roadrunner Transportation Systems in a research report on Wednesday, November 1st. One research analyst has rated the stock with a sell rating, one has given a hold rating and two have issued a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of $10.00.

Shares of Roadrunner Transportation Systems (NYSE:RRTS) opened at $8.44 on Friday. Roadrunner Transportation Systems has a 12-month low of $6.05 and a 12-month high of $11.88. The firm has a market capitalization of $328.44, a PE ratio of 12.06 and a beta of 0.88.

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About Roadrunner Transportation Systems

Roadrunner Transportation Systems, Inc (RRTS) is an asset-light transportation and logistics service provider. The Company offers a suite of global supply chain solutions, including truckload logistics (TL), customized and expedited less-than-truckload (LTL), intermodal solutions (transporting a shipment by over one mode, primarily through rail and truck), freight consolidation, inventory management, expedited services, air freight, international freight forwarding, customs brokerage and transportation management solutions.

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